iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Large Volume Increase – Time to Buy?

Shares of iShares Micro-Cap ETF (NYSEARCA:IWC) saw unusually-strong trading volume on Monday . Approximately 48,790 shares traded hands during mid-day trading, an increase of 46% from the previous session’s volume of 33,498 shares.The stock last traded at $128.99 and had previously closed at $130.00.

iShares Micro-Cap ETF Price Performance

The stock has a market cap of $945.54 million, a price-to-earnings ratio of 10.47 and a beta of 1.21. The company’s fifty day simple moving average is $132.39 and its two-hundred day simple moving average is $126.98.

Hedge Funds Weigh In On iShares Micro-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Bristlecone Advisors LLC purchased a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter worth approximately $46,000. Aptus Capital Advisors LLC increased its position in iShares Micro-Cap ETF by 139.5% in the third quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 240 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF in the third quarter valued at $105,000. McClarren Financial Advisors Inc. purchased a new position in shares of iShares Micro-Cap ETF during the 4th quarter valued at $116,000. Finally, Moloney Securities Asset Management LLC bought a new position in shares of iShares Micro-Cap ETF during the 4th quarter worth $201,000.

iShares Micro-Cap ETF Company Profile

iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market.